Bittrex Cryptocurrency Exchange on June 9 completely stopped the service of New Yorkers. Although the official announcement about the need to withdraw funds from the trading platform was published 2 months before, comments on the network indicate that not all users of the exchange knew the plan of action. Reddit users report about it.
The amount of people that don't know is staggering. I saved my friend 40k yesterday.
Residents of New York accounts ban at Bittrex was the result of the refusal of the local financial regulator to provide the exchange with a license to carry out activities in its jurisdiction.
The New York State Department of Financial Services has exposed the company in numerous violations of current requirements, including providing access to the trading platform to residents of countries from the sanction lists and users who have used false names. Bittrex itself claims that it was negotiated, and insists that it took measures to eliminate a substantial part of the regulator's comments.
Last week, Bittrex announced that it will close access to 32 assets on its platform for US users.